MANA funding rate explained
Right now Decentraland (MANA) perpetual futures trade on 8 exchanges we track. The highest funding is on KuCoin at +0.027% per day, the lowest on Variational at -0.128%. The average across all venues is -0.065% per day, or about -23.6% a year. Negative funding means MANA shorts are paying longs — the market is leaning short.
The gap between the highest and lowest venue is +0.155% per day. A delta-neutral position that shorts MANA on KuCoin and goes long on Variational would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live MANA arbitrage board for the price side of the trade.
Settlement intervals differ: MANA funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: MANA arbitrage · Decentraland price · funding rates for all coins.